Time to change top manager-To The Moon - Tiger Brokers Online Investing Community - To The Moon

3
Comment
Favorite

DEAAEDEDA
2022-05-10

Time to change top manager

Cathie Wood’s Famed Market-Beating Return Is Disappearing

Performance of ARK Innovation set to lag the S&P 500Fund has been hit by an exodus from technology s

Cathie Wood’s Famed Market-Beating Return Is Disappearing

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

3

Report

Comment

Top
Latest

AhBart
·2022-05-10
Perhaps it’s time for Ms Woods to quietly retire 🤟🏻
Reply
Like
Report
Fold Replies
- DEAAEDEDA:
  No la... She has commission from those fund... She just need to continue do wrong thing 😂
  2022-05-10
  Reply
  Report
AndrewL
·2022-05-10
👍
Reply
Like
Report

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":9065683273,"tweetId":"9065683273","gmtCreate":1652187575692,"gmtModify":1676535047822,"author":{"id":4098345604405970,"idStr":"4098345604405970","authorId":4098345604405970,"authorIdStr":"4098345604405970","name":"DEAAEDEDA","avatar":"https://static.tigerbbs.com/1987de4fee94fab15da3b29e6992e840","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":9,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Time to change top manager&nbsp;</p></body></html>","htmlText":"<html><head></head><body><p>Time to change top manager&nbsp;</p></body></html>","text":"Time to change top manager","highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9065683273","repostId":1104407322,"repostType":4,"repost":{"id":"1104407322","pubTimestamp":1652168300,"share":"https://www.laohu8.com/m/news/1104407322?lang=&edition=full","pubTime":"2022-05-10 15:38","market":"us","language":"en","title":"Cathie Wood’s Famed Market-Beating Return Is Disappearing","url":"https://stock-news.laohu8.com/highlight/detail?id=1104407322","media":"Bloomberg","summary":"Performance of ARK Innovation set to lag the S&P 500Fund has been hit by an exodus from technology s","content":"<html><head></head><body><ul><li>Performance of ARK Innovation set to lag the S&amp;P 500</li><li>Fund has been hit by an exodus from technology stocks</li></ul><p>(Bloomberg) -- The outsized gain that turned Cathie Wood into one of the world’s most famous proponents of active fund management is quickly evaporating as some of her favorite stock picks tumble.</p><p>After years of trouncing the market and just days after Wood issued a broadside against passive investing, her flagship ARK Innovation ETF now looks set to give up all the outperformance it once enjoyed against the S&amp;P 500 Index. Wood’s strategy of picking stocks involved in “disruptive innovation” has fallen victim to the tech meltdown as investors flee high-priced growth shares in an environment of rising interest rates and high inflation.</p><p>From inception, the fund’s net asset value has still grown to $45.59 on Friday from $20.12 in the last week of Oct. 2014 when it launched -- a gain of about 127% -- according to figures from the company’s website. But the S&amp;P 500 had a total return of 136% over the same period, according to data compiled by Bloomberg.</p><p>The situation worsened Monday when ARK Innovation slumped almost 10%, compared with a 3% slide in the U.S. benchmark index. Wood’s firm didn’t immediately respond to a request for comment sent after business hours.</p><p>The shift in sentiment against tech stocks has created a perfect storm for Wood, the founder of Ark Investment Management LLC. Rising interest rates eat into equity valuations while concerns about economic growth have cooled speculative ardor -- putting the shares of companies betting on new technologies particularly at risk.</p><p>ARK Innovation has slumped almost 70% from last year’s peak.</p><p>To be sure, not all of Wood’s funds have given up their outperformance. The smaller ARK Next Generation Internet ETF has still handily beaten the S&amp;P 500 since inception even after tumbling from its high, according to data compiled by Bloomberg.</p><p>Wood appears committed to the tech space despite recent losses. In recent tweets she suggested the global economy is undergoing the largest technological transformation in history and talked up the potential for Zoom Video Communications Inc. and Microsoft Corp.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood’s Famed Market-Beating Return Is Disappearing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood’s Famed Market-Beating Return Is Disappearing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-10 15:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-05-10/cathie-wood-s-famed-market-beating-return-is-about-to-disappear?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Performance of ARK Innovation set to lag the S&P 500Fund has been hit by an exodus from technology stocks(Bloomberg) -- The outsized gain that turned Cathie Wood into one of the world’s most famous ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-05-10/cathie-wood-s-famed-market-beating-return-is-about-to-disappear?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF"},"source_url":"https://www.bloomberg.com/news/articles/2022-05-10/cathie-wood-s-famed-market-beating-return-is-about-to-disappear?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104407322","content_text":"Performance of ARK Innovation set to lag the S&P 500Fund has been hit by an exodus from technology stocks(Bloomberg) -- The outsized gain that turned Cathie Wood into one of the world’s most famous proponents of active fund management is quickly evaporating as some of her favorite stock picks tumble.After years of trouncing the market and just days after Wood issued a broadside against passive investing, her flagship ARK Innovation ETF now looks set to give up all the outperformance it once enjoyed against the S&P 500 Index. Wood’s strategy of picking stocks involved in “disruptive innovation” has fallen victim to the tech meltdown as investors flee high-priced growth shares in an environment of rising interest rates and high inflation.From inception, the fund’s net asset value has still grown to $45.59 on Friday from $20.12 in the last week of Oct. 2014 when it launched -- a gain of about 127% -- according to figures from the company’s website. But the S&P 500 had a total return of 136% over the same period, according to data compiled by Bloomberg.The situation worsened Monday when ARK Innovation slumped almost 10%, compared with a 3% slide in the U.S. benchmark index. Wood’s firm didn’t immediately respond to a request for comment sent after business hours.The shift in sentiment against tech stocks has created a perfect storm for Wood, the founder of Ark Investment Management LLC. Rising interest rates eat into equity valuations while concerns about economic growth have cooled speculative ardor -- putting the shares of companies betting on new technologies particularly at risk.ARK Innovation has slumped almost 70% from last year’s peak.To be sure, not all of Wood’s funds have given up their outperformance. The smaller ARK Next Generation Internet ETF has still handily beaten the S&P 500 since inception even after tumbling from its high, according to data compiled by Bloomberg.Wood appears committed to the tech space despite recent losses. In recent tweets she suggested the global economy is undergoing the largest technological transformation in history and talked up the potential for Zoom Video Communications Inc. and Microsoft Corp.","news_type":1},"isVote":1,"tweetType":1,"viewCount":358,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":22,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":101700837,"commentId":"101700837","gmtCreate":1652189549705,"gmtModify":1663248968646,"authorId":4099263395755910,"author":{"id":4099263395755910,"idStr":"4099263395755910","authorId":4099263395755910,"name":"AhBart","avatar":"https://static.itradeup.com/news/5c8a0140b30f2d6c3be37b2ad1a1efe8","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9065683273,"objectIdStr":"9065683273","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Perhaps it’s time for Ms Woods to quietly retire 🤟🏻","text":"Perhaps it’s time for Ms Woods to quietly retire 🤟🏻","html":"Perhaps it’s time for Ms Woods to quietly retire 🤟🏻","likeSize":0,"commentSize":1,"subComments":[{"id":101701687,"commentId":"101701687","gmtCreate":1652192143195,"gmtModify":1663248973635,"authorId":4098345604405970,"author":{"id":4098345604405970,"idStr":"4098345604405970","authorId":4098345604405970,"name":"DEAAEDEDA","avatar":"https://static.tigerbbs.com/1987de4fee94fab15da3b29e6992e840","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9065683273,"objectIdStr":"9065683273","type":1,"supId":101700837,"supIdStr":"101700837","prevId":0,"prevIdStr":"0","content":"No la... She has commission from those fund... She just need to continue do wrong thing 😂","text":"No la... She has commission from those fund... She just need to continue do wrong thing 😂","html":"No la... She has commission from those fund... She just need to continue do wrong thing 😂"}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":101700647,"commentId":"101700647","gmtCreate":1652188520229,"gmtModify":1663248971652,"authorId":3571815908504020,"author":{"id":3571815908504020,"idStr":"3571815908504020","authorId":3571815908504020,"name":"AndrewL","avatar":"https://static.tigerbbs.com/f45655eaaab14f0b61c554eea4d95ca7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9065683273,"objectIdStr":"9065683273","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"👍","text":"👍","html":"👍","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}